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Berkadia Arranges $68M Sale of Atlanta MF Portfolio

Berkadia has arranged the $68 million sale of a two-property multifamily portfolio in Atlanta.

The portfolio consists of Commons at Briarwood Park, a 344-unit property located at 3510 Buford Highway NE and Magnolia Gardens, a 112-unit property located at 3460 Buford Highway NE. Amenities include swimming pools, laundry facilities and a playground. Both properties are located near Emory University, Oglethorpe University and employment hubs such as Northside Hospital Atlanta and Children’s Healthcare of Atlanta.

Paul Vetter, Andrew Mays, Judy MacManus and Matt White of Berkadia’s Atlanta office represented the seller, Washington-based Wilkinson Corp., in the transaction. The buyer was New York-based Saratoga Capital Partners.


Inside The Story

Berkadia’s Vetter

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.